Buy a Freehold Hotel Bar And Nightclub business for sale in Norwich on BusinessesForSale.com

  • Listing ID: 233982
  • (Seller ref: 3587NR)

Freehold Hotel Bar And Nightclub For Sale


Location:
Category:
Type:

Listed by:


Asking price:
£1,275,000 (Furniture / Fixtures included)
Turnover:
£500k < 1m
Net profit:
£250k < 500k
Years established:
30


SBS Commercial is pleased to offer for sale this business which our client is placing on the market in order to enjoy a well-earned retirement.

The business was founded over 30 years ago by the vendors initially as a hotel but has diversified over the years to include a music bar and night-club.
The main bar has a license for 260 and in addition to drinks offers a wide range of snacks and light meals. In the rear bar there is a D.J. booth, with full sound and light system, providing mainstream pop music six nights a week.

In the basement is the night-club which is licensed for a further 200 and caters for the late night trade from Wednesdays to Saturdays till 2a.m.

The tourist class hotel offers a mainly bed and breakfast service with a choice of evening meals being on offer either in the bar or from the wide range of local restaurants.

We believe that the business would appeal to anyone seeking premises in this prime city centre location in order to continue in the same business or for conversion to other use.


Property:
Freehold
Living accommodation:
PROPERTY DETAILS Briefly Comprising Ground floor Bars - Full window frontage to main street. - Separate entrance doors to Hotel and Bar. - Attractive window seating area. - Front bar area of approximately 1320 square feet. - Rear disco complete with bar, sound system and lighting with a total floor area of approximately 1728 square feet. - Kitchen complete with twin fryer, six ring cooker, single fryer, griddle, double oven, microwave and fridge. Staircase to basement. - Cloakroom. - Gents Toilets. - Ladies Toilets. - Staff room and toilets - Office. - Beer cellar. - Store room. - Night-Club with total floor area of approximately 1,584 square feet. - Fire exit. - Main entrance from side alley after 10pm. - Bar, seating area, D.J. booth with full sound and light system. Hotel staircase to first floor - 4 Double rooms (En-suite) Twin staircases to Second floor - 3 Twin rooms (En-suite) Twin staircases to attic - 2 Single rooms with toilet and shower. External - Side alleyway to Night-club entrance. - Delivery chute to cellar and store room. - Main street entrances to Hotel and Ground floor bars.
Location:
The business is ideally located in a much sought after area at the heart of Norwich’s clubland. The city of Norwich is noted for its fine architecture including the 800 year old Cathedral, and is surrounded by areas of outstanding beauty. It has a main line rail connection to London (1 Hour 35 mins) and is home to the region’s airport.

Support & training:
As required
Reasons for selling:
Retirement
Trading hours:
Sun-Tues: 11:30am – 11:00pm Wed-Sat: 11:30am – 2:00am

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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